New Dimension Resources Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Due to market conditions, the Company has decided to revise the price of its non-brokered private placement, previously announced on January 19, 2010, to $0.20 per Unit. All other terms of the private placement remain unchanged.

Net proceeds of this private placement will be used to further the Company's exploration projects, fund possible new acquisitions and for general working capital.

The Units will be offered and sold by way of private placement exemptions in all provinces and jurisdictions of Canada, other than Quebec, as to be mutually agreed to by the Company and the Agent, into the United States via Rule 144A or in such other manner as not to require registration under the United States Securities Act of 1933, as amended, and into jurisdictions outside of Canada and the US.

This private placement share offering is subject to, among other things, receipt by New Dimension of all necessary regulatory approvals, including the approval of the TSX Venture Exchange and a hold period of 4 months for all issued securities.

About New Dimension Resources

New Dimension is engaged in the acquisition, exploration and development of quality exploration opportunities throughout the Americas. Currently, the Company's exploration activities are focused on Cenepa Project, which is located along the Ecuadorian border in northern Peru, and covers the projection of a 20 kilometre long north-south trending mineral belt that features Kinross Gold Corp.'s (K-TSX) Condor Project and the Fruta del Norte gold discovery. New Dimension also maintains several key mineral properties situated in Nevada, Canada and South America.

ON BEHALF OF THE BOARD

NEW DIMENSION RESOURCES LTD.

Fred G. Hewett, P.Eng., President & CEO

This news release may contain forward looking statements which are not historical facts, such as ore reserve estimates, anticipated production or results, sales, revenues, costs, or discussions of goals and exploration results, and involves a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, metal price volatility, volatility of metals production, project development, ore reserve estimates, future anticipated reserves and cost engineering estimate risks, geological factors and exploration results. See New Dimension's filings for a more detailed discussion of factors that may impact expected results.

This news release does not constitute an offer to sell or solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.